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Writing
A Business Plan

How To
Write A Business Plan Made Easy is an E Book That will help you Write A Business
Plan.

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Writing a business
plan is one of the most important aspects of starting a business in today's
every changing environment.

Why is writing
a business plan so important?

This is the question
you will need to ask yourself over and over again. And once you come up with
the answer that is right for your home based business, you will be ready to
get started...

Starting a business
in today's ever changing environment is a challenge in itself. So many entrepreneurs
are jumping into business ownership without first planning their new venture.
The importance of planning your business cannot be over emphasized.

By taking an unbiased
look at your business, you can identify areas of weaknesses and strengths that
you might otherwise overlook. Planning can mean the difference between your
business being successful or your business being a failure.

The idea of a plan
is to help keep you mentally focused. In a sense it is sort of like a goal.
You write it down, follow it and make changes and updates as needed.

This is so that
you can keep everything in proper perspective, because without a step by step
business plan, there is no way you can keep your business running successfully,
unless you are just a super lucky person… What are the chances of that
being true? Not Much.

Writing A business
plan is simply the process you'll use to organize your business goals and strategies.
It is a written expression of your business ideas. And, it also provides information
needed for others to evaluate your business. A thorough business plan can help
if you are seeking assistance from a financial lender.

It will let the
lender know that you are serious, and also let them know that you are working
and planning for your business to ultimately be successful.

There are several
organizations that offer free or low cost assistance in preparing a business
plan:

Local University
Outreach Center

Local University
Extension Office

Small Business
Development Center

Service
Corps of Retired Executives (SCORE)

Women Business
Center

Most cities have
these or similar organizations. Look in your local white pages or contact your
local government office for help locating them.

When it comes to
preparing your business plan, you are going to organize it to fit your particular
(business) circumstances. A business plan should be one of the first things
a start up or new business should do before you get too involved in your business.
It is best to plan it before you start it.

The things you
are going to need to include in your business plan are as follows:

Cover Sheet

This page should
include your company name, contact information, company logo, company trademark
and your copyright notice.

Table of Contents

Should be one page
and it should give details of the content of your business plan.

Executive Summary

This is summing
up the purpose or a brief statement or account covering the substance or main
points of your business.

What type of business
is it?

What is your product
or service?

State your company's
goals.

State your company's
objectives.

What is your business
history?

Mission Statement

This is the description
of your business. In about a paragraph or less you mention your reason for being
in existence.

Marketing Plan

This is how you
plan to market your business. You will need to explain:

How will your company
differ from your competitors?

Who your customers
are?

Who is your market?

Is it wholesale
or retail?

How long will this
market need your product?

What are the characteristics
of your average customer?

What are the environmental
factors of your business?

Who is your competition?

What competitive
advantage do you have over your competitors?

What is the best
way you plan to sell your product or service?

How will you sell
your product or service?

How will you promote
and market your product or service?

Product or Service

These are the products
or services your business supply to your customers.

Operations

This is how you
plan to actually run the day-to-day operations, bills and customer service of
your business.

Who are the employees
of your business?
What are their credentials?

How does the business
make money?
How do you price your product or service?

Describe what inventory,
raw materials and supplies the business uses.

List your supplies
and supplier.

How easy or difficult
is it to obtain supplies?

Are their prices
steady and dependable?

Information On
Your Business

This is general
information about your business formation.

What is your form
(sole proprietorship, partnership, Limited Liability Company or Corporation)?

State all of your
business licenses.
State your business zoning requirements.

State your business
insurance requirements.

Have your building
codes been complied with?

Have health codes
been complied with?

Describe any other
laws and regulations that affect your business.

List trademarks,
patents, licenses and copyrights that should be checked for legality.

Financial Plan

This is how and
where you plan to get money to get your business started and running.

How will you finance
your business?

How will you manage
your finances?

Describe what needs
to be financed.

Where will your
finances come from?

Financial Statement

This is a financial
report that includes:

Balance sheet

Income statement

Accounts Receivable

Accounts Payable

Debt Schedule

Reconciliation
of net worth

This should be
included for new and existing businesses, project the following financial statement
for the next three years (monthly for the 1st year, annually for 2nd and the
3rd).

Operating (Or Income)
Statement

This should include
an explanation of sales, expenses and profits.

Balance Sheet

Reconciliation
of Net Worth

Cash Flow with
Explanation

Break-Even Analysis

Appendices

Include testimonials
from present and potential customers research clips miscellaneous charts ad
graph.

Your Business Plan
should convey your businesses over all goals. It should also entail the core
values of this business. It should be written in a manner to help your business
succeed today, tomorrow and in the far future.

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How To
Write A Business Plan Made Easy is an E Book That will help you Write A Business
Plan.

Just like the title
implies, it makes writing a business plan Easy…

Your business plan
can help you with lending institutions.

They help you organize
your business structure and your business activities.

Have you noticed
that when you write a plan for just about anything. That it makes completing
that task that much easier…

I am offering How
To Write A Business Plan Made Easy at a 25% discount for a limited time to the
readers of our newsletter…

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